News
The latest news, updates and analysis on the the UK retail industry. Covering every segment of the market, Retail Sector’s business journalists keep you in the picture.
-
Feb- 2019 -1 February
Amazon shares dip 5% despite record Christmas sales
Online retail giant Amazon has seen its shares drop 5% to $1,635 in early trading, after disappointing investors with a…
Read More » -
1 February
ScS ends Sofa.com talks paving way for Mike Ashley
ScS has ended its interest in acquiring rival furniture retailer Sofa.com stating it is “no longer in discussions”, leaving Sports…
Read More » -
1 February
MPs launch business rates inquiry
The Treasury Committee has launched a new inquiry into business rates to scrutinise how government policy has impacted high street…
Read More » -
Jan- 2019 -31 January
Asda loses equal pay claim battle
The Court of Appeal has upheld the ruling that Asda store staff can compare their roles with those in the…
Read More » -
31 January
Shop Direct consulting with 225 members of staff over job cuts
Shop Direct, the group which owns online retailers Very and Littlewoods, is in consultation with 225 members of staff over…
Read More » -
31 January
UK consumer confidence down five points year-on-year in January
GfK’s long-running Consumer Confidence Index decreased by five points year-on-year to -14 in January 2019. The measure for the general…
Read More » -
31 January
Lidl opens 13th and largest UK distribution centre
Lidl UK has announced the opening of its 13th and largest Regional Distribution Centre (RDC) in Doncaster. The warehouse, which…
Read More » -
31 January
Arcadia fined £450k after girl fractures skull in Topshop
Philip Green’s retail group Arcadia has been fined £450,000 after a 10-year-old girl was hit on the head by a…
Read More » -
30 January
January shop price inflation highest since 2013
Shop price inflation increased to 0.4% in January, up from 0.3% in December 2018 – the fourth consecutive month of…
Read More » -
30 January
Mike Ashley and ScS in competition over Sofa.com
Both Mike Ashley and rival furniture retailer ScS have expressed interest in acquiring Sofa.com. ScS has confirmed via a statement…
Read More »
